Carbon News - Intelligence for the carbon market


Slow phasing out of polluting cars a drag on China’s climate targets

Tuesday - “There are 9-million bicycles in Beijing, that’s a fact.” The opening lyrics to that 2005 hit song was a conservative estimate back then, and today millions of those bicycles have been replaced by planet-warming cars.

Ozone-destroying greenhouse gas emissions from China increased significantly: Study

24 Dec 21 - Emissions of industrially produced chlorocarbon, dichloromethane (CH2Cl2), increased in China from 2011-2019, a new study established. The emissions grew to 628 gigagrams (Gg) per year in 2019 from 231 Gg per year in 2011 in the country, with an average annual increase of 13% primarily from eastern China.

China ETS reduces carbon but needs map to cap-and-trade based system: study

23 Dec 21 - China’s regional emissions trading scheme (ETS) pilots were effective in reducing companies’ carbon emissions in the early trading phase, despite low carbon prices and infrequent allowance trading, according to Chinese researchers.

2022 is a year to call out greenwashing in China: Bloomburg

21 Dec 21 - If China chooses a phrase of the year for 2021,“carbon neutrality” has to be on the shortlist.

China’s Alibaba pledges carbon neutrality by 2030

20 Dec 21 - Alibaba Group will aim to achieve carbon neutrality in its own operations and slash emissions across its supply chains and transportation networks by the end of the decade, the Chinese e-commerce giant pledged on Friday.

China's carbon emissions fall for first time since COVID lockdowns: report

26 Nov 21 - China's CO2 emissions fell in the third quarter for the first time since the country reopened from COVID-19 lockdowns, research published Thursday showed, in what experts said could mark a carbon "turning point" for the country.

China creates vast research infrastructure to support ambitious climate goals

23 Nov 21 - China, the world’s top carbon emitter, has for the first time published plans broadly outlining how it might achieve net-zero carbon emissions by 2060, and a peak of emissions before 2030 — promises it made in 2019.

Don’t be too critical on China for changing pledge on coal: EU climate chief

18 Nov 21 - The EU’s climate chief told CNBC that he “wouldn’t be too critical of China” when it comes to assessing negotiations at the COP26 climate change summit in Glasgow, Scotland.

With models under $5,000, China accounts for half the world's electric car sales

22 Oct 21 - Soaring sales of electric vehicles (EVs) in China are driving the global trend away from combustion engines, the latest figures show.

China's coal convulsion threatens climate goals

13 Oct 21 - China's energy crisis is a wild card in the fraught efforts to secure a meaningful deal at the UN climate summit in Glasgow.

China to set up standards of carbon neutrality

11 Oct 21 - China is planning to set up and improve the standards of carbon peak and neutrality, according to an official outline published last week.

China's belt and road policies could hurt environment and indigenous communities

28 Sep 21 - A new study has found that up to 60% of China's development projects pose a threat to indigenous communities and the environment.

China signs up to hydrofluorocarbons treaty

23 Sep 21 - China began enforcing the Kigali Amendment to the Montreal Protocol last week—and the climate implications are huge

China to stop funding overseas coal projects

23 Sep 21 - Chinese President Xi Jinping has said that China would no longer fund the construction of new coal-fired power projects overseas, surprising the world on climate for the second straight year at the...

Climate experts fear Aukus will dash hopes of China emissions deal

17 Sep 21 - The timing of the new defence deal between the US, UK and Australia has dismayed climate experts, who fear it could have a negative effect on hopes of a deal with China on greenhouse gas emissions...

China has carbon neutral goals, but at local level old habits die hard

30 Aug 21 - China is aiming to be carbon neutral by 2060, and for its carbon emissions to peak by 2030. But its initial efforts have been undermined regionally, partly by provinces continuing to launch...

China to increase carbon sinks in the ocean

27 Aug 21 - China's environmental authority vowed on Thursday to promote the capability of carbon sinks in the ocean as a key part of the country's efforts to confront climate change and fulfill its goals to...

China’s new carbon trading market isn’t working

24 Aug 21 - The price of emissions credits in China’s carbon trading market reached a record low on Aug. 20, the latest sign that the market’s structural flaws are preventing it from working as an effective...

China's carbon market records its first cross-border deal

16 Aug 21 - Even as trading on China's national carbon market dwindled away in its first month to next to nothing, one sign of life emerged this week in the form of an unusual cross-border deal for a voluntary...

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